Since 2008, an independent look at challenges and opportunities in sports and financial investing, with occasional diversions as my mood takes me. Nothing is for sale, and this not a Profit and Loss report either. They're boring.

Sunday, 27 December 2015

Just saw your latest update. I was about to send you a note saying how much I was missing your blog, still the best Sports Trading blog on the internet, but that I was having a BLU Christmas without you.

All the best - looking for the trend to continue tonight.

"Still the best Sports Trading blog on the internet". That's quite a compliment, but not an undeserved one in my, admittedly biased, opinion. As for the lack of recent updates, unfortunately I have been dealing with a few family issues, but for now at least, all is again well.Despite the lack of recent posts, my hit numbers soared on Wednesday to a new record (938) for some unknown reason.

My excitement was somewhat dampened upon reading on the Full Time Betting blog:

Merry Christmas to all my readers old and new ( page counter shows 2892689 unique page views since 2010) so huge thanks to my mum who is clearly just refreshing the page 24/7.

Nearly 3 million! Puts my 1.1 million total since March 2008 in perspective.It's also good to know that at least one reader (Fizzer) is following along on the BLUnders this season. We ended up with two selections last night, but took a small loss as they split, taking the record for the season to:

We go again tonight in Oklahoma City.Cricket man Bossman megarain stopped by again to comment:

Merry Xmas.

It's likely we generally agree in the subject of hard work, and don't want to argue .. so, why am I arguing ?

Reading the Trading Bases book, its clear his strategy is modelled, whereas other sports clearly have data-mined advantages.

Each sport, is unique - not least, becos betting mkts/liquidity are different.Anyway .. Have a Happy New Year .. and wish u all the best etc.

I would argue that no one is arguing here. Each sport is unique, and markets and liquidity are all unique too. Hard (or smart) work is an important ingredient, but you also need an edge to be profitable long-term.

About Me

I have had a life-long interest in sports and after studying Pure Mathematics with Statistics at secondary school, have been fascinated by odds and probability.
The first system I came up with was a simple one - back the favourite and double up after a loss until a winner. Simple enough in theory, and I told my Dad about it. Not being a betting man himself, he ran it by some of his colleagues, and came home to tell me that it wouldn’t work because a long losing run would mean that the bank would be empty. Then there was always the possibility that the winner would be returned at odds-on, meaning that the total returns would not match the outlay. Not what a ten year old wants to hear! Only slightly daunted, I then went on a search for the Holy Grail, the secret to riches that I knew was out there somewhere. Finally in 2004 I stumbled across an article about Betting Exchanges and four years on I am able to make a steady profit. I am at that age where I can start thinking about retirement and anything I make from trading sports will bring that day forward.